Global Imbalances, Industrial Policy and Tariffs

2026

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This paper examines how industrial and trade policies influence global imbalances, offering a framework to understand their complex effects.

* Analyzes the distinction between micro and macro industrial policies and their impact on current account balances.
* Investigates the role of tariffs as a tool for managing current account deficits.
* Discusses traditional macroeconomic drivers of global imbalances alongside the influence of new policy tools.

Tags: Global Imbalances, Industrial Policy, Tariffs, Current Account, Macroeconomics

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